Rise of the Israelo-Egyptian cooperation for energy

Cooperation between Israel and Egyptian Arab Republic relative to the petroleum trade spreads out. The most important project is about a joint venture to build in three years a petroleum refinery able to treat 100 000 barrels by day of egyptian heavy crude oil and light petroleum coming from Golf countries. This refinery would be in the area of Ameriya. An other Israelo-Egyptian project of refinery at Port-Said is under negotiations. Israel signed an Egyptian natural gas purchasing contract and then an agreement to build a gas pipeline to convey this natural gas